Hino Motors, Ltd.

7205.T
Farm & Heavy Construction Machinery
2026/02/17 Updated
Market Cap: $1.7B (¥265.2B)
Stock Price: $3.02 (¥462)
Exchange Rate: 1 USD = ¥152.91

Notice of Change in Representative Director

Scheduled change of Representative Director and President from Akira Ogiso to Naoki Sato on April 1, 2026. The purpose is to establish a new group structure following the business integration.

Importance:
Page Updated: January 29, 2026
IR Disclosure Date: January 29, 2026

Key Figures

  • Scheduled Date of Assumption as Representative Director: 2026年4月1日
  • New Representative Director: Naoki Sato
  • Number of Shares Owned by New Representative Director: 0.8 thousand shares

AI要約

Overview of Change in Representative Director

Hino Motors, Ltd. resolved at its Board of Directors meeting on January 29, 2026, to change the Representative Director and President effective April 1, 2026. This decision aims to renew the Group management structure and drive corporate transformation in view of the business integration with Mitsubishi Fuso Truck and Bus Corporation scheduled for April 2026, resulting in becoming a wholly owned subsidiary of the newly established holding company ARCHION Corporation. Current Representative Director and President Akira Ogiso will retire on the same date, and Naoki Sato is scheduled to assume the position.

Background and Outlook for the New Representative Director

Naoki Sato, born on January 26, 1967, joined Hino Motors in April 1989. Since then, he has held positions including General Manager of the Mid- to Long-term Product Strategy Department, Executive Officer, Head of Strategy and Planning, and COO of Japan Business. Since June 2023, he has served as Director and Senior Managing Executive Officer. With his appointment as Representative Director, he is expected to lead global business promotion and corporate transformation under the new group structure.

This page uses AI to summarize IR materials from TDnet. Please refer to the original document for investment decisions.